Overview
Stage | Production |
Mine Type | Underground |
Commodities |
|
Mining Method |
- Sub-level open stoping (SLOS)
- Longhole open stoping
- Paste backfill
|
Production Start | ...  |
Mine Life | 2030 |
Chelopech underground gold-copper mine produces gold and copper contained in a concentrate grading between 20 and 45 grams of gold per metric tonne, 9% and 16% copper and between 3.0% and 5.5% arsenic. The high arsenic content of the copper minerals (enargite and tennantite) in the concentrate requires special arsenic recovery systems during the downstream smelting processes. |
Source:
p. 10,17
The Company holds a 100% interest in the Chelopech underground gold-copper mine through an indirect wholly owned subsidiary Dundee Precious Metals Chelopech EAD.
Contractors
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Deposit Type
- Epithermal
- Breccia pipe / Stockwork
- Vein / narrow vein
Summary:
The Chelopech deposit is located within the Panagyurishte metallogenic district. It formed during Late Cretaceous magmatic-hydrothermal events, defined by a north-northwest alignment of porphyry copper-gold (Elatsite, Assarel and Medet) and epithermal copper-gold deposits that is oblique to the east-west orientation of the Srednogorie belt. The geology of the Panagyurishte metallogenic district comprises a basement of Precambrian granitoid gneisses intruded by Palaeozoic granites and overlain by Late Cretaceous magmatic and sedimentary sequences.
The Chelopech area stratigraphy consists of pre-mineral and post-mineral sequences separated by a Late Turonian erosional surface and controlled by an inherited and intermittently reactivated regional Variscan basement relay structure. The pre-mineral and syn-mineral formations consist of the following units (from oldest to youngest): (i) high and low-grade metamorphic complexes that form the Palaeozoic Basement unit; (ii) the Basal Turonian unit of quartz-rich sandstones and conglomerates deposited in a shallow-marine setting; (iii) the Late Turonian Mixed Unit that consist ofshales, dark grey wake sandstones and weakly-sorted epiclastic poly-mictic debris-flows deposits and hydro-magmatic surge deposits, including exhalative sulphide zones; and (iv) the Turonian Magmatic Chelopech mine Formation, a shallow porphyritic diorite/microdiorite intrusive system with phreatomagmatic breccia pipes. The post-mineral sequence consists of an ........

Mining Methods
- Sub-level open stoping (SLOS)
- Longhole open stoping
- Paste backfill
Summary:
Underground mining production is performed using sublevel long-hole open stoping methods. The various orebodies are developed at nominal 30 m vertical intervals and accessed by major declines in both the Western and Central areas. Stopes are designed to be 20 m wide between the levels. The length of the stope depends on the geotechnical conditions, but can range between 20 m and 60 m. The most recent trend of stope design is to keep a 20–30 m length and 60 m height, where geological and geotechnical conditions are suitable. This allows for improvement in ore handling and dust suppression during ore mucking because of shorter remote loading. Ore is delivered via ore passes, or via trucks, to the ROM bin above the crusher. The crusher feeds up to 400 tph to a system of eight conveyors, to transport the ore to the surface stockpile.
Once mined via an “end-slice” methodology, stopes are backfilled with “paste-fill” produced from the mill tailings to which cement is added and which is gravity fed underground via a system of borehole and pipes to the stopes being filled.
Multiple horizons are designed in each ore body so that multiple stopes can be in production at any one time. Simulations have shown that at least six stopes shall need to be producing ore to maintain ore production of 2.2 Mtpa, with up to 22 stopes being drilled, “mucked” and filled at any one time.
Mine Ventilation
The ventilation system has been in a stable configuration ........

Source:

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Flow Sheet:
Summary:

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Production:
Commodity | Product | Units | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
Gold
|
Metal in concentrate
|
koz
| ...... ^ | ......  | ......  | ......  | ......  | 201 | 198 |
Copper
|
Metal in copper conc.
|
M lbs
| ...... ^ | ......  | ......  | ......  | ......  | ......  | ......  |
Copper
|
Concentrate
|
kt
| | ......  | ......  | ......  | ......  | ......  | ......  |
Silver
|
Metal in copper conc.
|
oz
| | ......  | ......  | ......  | ......  | ......  | ......  |
Pyrite
|
Concentrate
|
kt
| | ......  | ......  | ......  | ......  | ......  | ......  |
^ Guidance / Forecast.
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Operational Metrics:
Metrics | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
Tonnes processed
| ......  | ......  | ......  | 2,201,220 t | 2,203,242 t | 2,216,753 t |
Hourly mining capacity
| ......  | ......  | ......  | 400 t of ore | | |
Hourly processing rate
| ......  | ......  | ......  | 275 t | | |
Annual production capacity
| ......  | ......  | ......  | 400,000 t of pyrite concentrate | 400,000 t of pyrite concentrate | 400,000 t of pyrite concentrate |
Ore tonnes mined
| ......  | ......  | ......  | 2,182,844 t | 2,211,067 t | 2,211,557 t |
Annual mining capacity
| ......  | ......  | ......  | | | |
Annual processing capacity
| ......  | ......  | ......  | 2.2 Mt | 2.2 Mt | 2.2 Mt |
^ Guidance / Forecast.
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Reserves at December 31, 2022:
Mineral Reserves are based on a net smelter return-less-costs cut-off value of $0/t. The total cost applied was $55/t which is a sum of operational costs of approximately $50/t and sustaining capital of $5/t.
Mineral Resources are based on a NSR less costs cut-off value of US$0/t in support of reasonable prospects of eventual economic extraction. The total cost applied was approximately $55/t which is a sum of operational costs of approximately $50/t and sustaining capital of approximately $5/t.
Category | Tonnage | Commodity | Grade | Contained Metal |
Proven & Probable
|
18.2 Mbcm
|
Gold
|
2.64 g/t
|
1.55 M oz
|
Proven & Probable
|
18.2 Mbcm
|
Copper
|
0.77 g/t
|
311.5 M lbs
|
Proven & Probable
|
18.2 Mbcm
|
Silver
|
8.2 g/t
|
4.78 M oz
|
Measured & Indicated
|
16.4 Mt
|
Gold
|
2.47 g/t
|
1.303 M oz
|
Measured & Indicated
|
16.4 Mt
|
Copper
|
0.78 %
|
281 M lbs
|
Measured & Indicated
|
16.4 Mt
|
Silver
|
9.29 g/t
|
4.909 M oz
|
Inferred
|
4.4 Mt
|
Gold
|
1.93 g/t
|
0.276 M oz
|
Inferred
|
4.4 Mt
|
Copper
|
0.7 %
|
69 M lbs
|
Inferred
|
4.4 Mt
|
Silver
|
8.57 g/t
|
1.225 M oz
|
Source:

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Corporate Filings & Presentations:
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